International Union Local 649 Of Operating Engineers is located in Peoria, IL. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 09/2022, International Union Local 649 Of Operating Engineers employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Union Local 649 Of Operating Engineers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2022, International Union Local 649 Of Operating Engineers generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $3.6m during the year ending 09/2022. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF LOCAL UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOCAL UNION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darren Smith Business Manager | OfficerTrustee | 50 | $187,406 |
Michael High Financial Secretary | OfficerTrustee | 50 | $131,819 |
Teresa Braun President - Past | Trustee | 0.5 | $1,800 |
Brock Roedell Treasurer - Past | Trustee | 0.5 | $1,800 |
William Sparks Jr Rec Corres Secretary | Trustee | 0.5 | $1,650 |
Brandyn Cagle Vice President | Trustee | 0.5 | $600 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,842,038 |
Investment income | $273,033 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $869 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,235,528 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $533,618 |
Compensation of current officers, directors, key employees. | $59,862 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $875,640 |
Pension plan accruals and contributions | $547,943 |
Other employee benefits | $174,854 |
Payroll taxes | $102,360 |
Fees for services: Management | $0 |
Fees for services: Legal | $24,710 |
Fees for services: Accounting | $27,642 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $23,978 |
Fees for services: Other | $0 |
Advertising and promotion | $118,915 |
Office expenses | $74,892 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $63,838 |
Travel | $8,264 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,680 |
Interest | $0 |
Payments to affiliates | $255,437 |
Depreciation, depletion, and amortization | $119,346 |
Insurance | $57,334 |
All other expenses | $143,553 |
Total functional expenses | $3,567,967 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $200 |
Savings and temporary cash investments | $3,602,007 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,905,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $806,131 |
Investments—publicly traded securities | $2,763,280 |
Investments—other securities | $500 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,077,118 |
Accounts payable and accrued expenses | $1,315 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,406 |
Total liabilities | $2,721 |
Net assets without donor restrictions | $9,074,397 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,077,118 |
Over the last fiscal year, we have identified 1 grants that International Union Local 649 Of Operating Engineers has recieved totaling $6,763.
Awarding Organization | Amount |
---|---|
Operating Engineers Nationalcharity Fund Washington, DC PURPOSE: COVID-19 ASSISTANCE | $6,763 |
Organization Name | Assets | Revenue |
---|---|---|
American Federation Of State County & Municipal Employees Springfield, IL | $61,133,676 | $26,100,915 |
Laborers International Union Of North America Burr Ridge, IL | $65,530,613 | $20,238,151 |
Chicago Regional Council Of Carpenters Apprentice And Trainee Elk Grove Village, IL | $58,144,102 | $15,674,310 |
Indiana State Teachers Association Indianapolis, IN | $36,026,795 | $22,473,562 |
Chicago Journeymen Plumbers Local 130 Chicago, IL | $20,981,689 | $17,441,460 |
United Food And Commercial Workers International Union Des Plaines, IL | $30,640,392 | $15,439,141 |
Laborers International Union Of North America Chicago, IL | $42,312,837 | $17,661,518 |
National Pork Producers Council Des Moines, IA | $42,247,883 | $19,050,439 |
International Union Of Operating Engineers 139 Pewaukee, WI | $24,439,793 | $14,629,454 |
Service Employees International Union Chicago, IL | $8,645,665 | $14,966,009 |
Chicago & Vicinity Laborers Carol Stream, IL | $83,711,023 | $20,877,636 |
Boilermakers National Apprentice Ship Fund Kansas City, MO | $53,012,610 | $16,312,331 |